Fake currency detection using

CNN

Presented By - Presented To- DR.

Aayush Pratap bansal Shalendra kumar
(2K20/CO/012)
Aman Kumar jha
(2K20/CO/058)
About our project

It involves training a model to differentiate between genuine and counterfeit

currency based on their visual charactertics.It detects fake currency using CNN(
convolutional neural networks)
 Counterfeit money
Counterfeit money refers to currency notes or coins intentionally produced to deceive and replicate
genuine currency

Importance of detection
If counterfeit currency is not detected it can have a great bad effect on
economy. It can cause-
*Reduce trust in financial institutions
*Negative impact on international trade.
*Distortion of economic data.
*It harms small business.
 Detection
Earlier manual inspection techniques are used for identifying fake currency,but they are
limited in accuracy and are time consuming

But in today time technology advancement in machine learning, artificial

intelligence and computer vision . Offers tool and algorithms for accurate and
efficient counterfeit currency detection.
CNN's are used to detect counterfeit currency.

Applying CNN's for counterfeit currency detection offers advantages over

traditional methods. CNN's can autonomously learn patterns and features within
currency images , enhancing accuracy and reliability in identifying counterfeit
currency
 CNN's(Convolutional Neural Networks)

It is basically deep learning model which are designed for image recognition and
processing tasks.CNN's are class of deep neural networks designed for analysing visual
data. They consist of interconnected layers that automatically learn heirarchial
representation of image which make them ideal for image recognition tasks like
identifying counterfeit currency.
Identification on currency
 Data Collection and preparation

CNN model has to be trained on a diverse and high quality dataset containing images o
both genuine and counterfeit currency.This is very critical for the training of CNN's
effectively .Data augmentation techniques, like altering image orientations or adding
simulated noise, help enrich the dataset, ensuring robust training.

Product 1
Training Process of CNN model

Training a CNN involves exposing it to a vast number of examples of real and fake
currency images. The network learns to differentiate between the two by adjusting it
internal parameters, minimizing errors, and improving its accuracy over time through
process called backpropagation.
 Evaluation Metric

When we talk about how well our CNN model works in finding fake money, we use some
measures to check its performance. Accuracy tells us how often our model is right in spotting
both real and fake bills.
Precision shows us how sure our model is when it says money is fake. Recall tells us how good
our model is at finding all the fake money.
F1-Score gives us an overall view by combining precision and recall into a single number.

These metrics help us understand if our model is good at finding counterfeit

money and how confident it is in its decisions. By using these measures together,
we get a clear picture of how well our CNN model works in identifying fake
currency compared to traditional methods.
 Real world application

CNN-based can be used in detection systems in banking, ATMs, retail outlets, and
government agencies provides real-time and efficient counterfeit currency
identification.
 Conclusion

CNN's have revolutionized counterfeit currency detection, offering an innvotion and

reliable solution.their capacity to learn,adapt and accurately identify counterfeit
money which enhances financial security and trust in monetary systems.
THANK YOU